Lovesac (LOVE) began trading on the Nasdaq on 27 June 2018

Lovesac is a retailer that specializes in a patented modular furniture system called Sactionals. It also makes premium foam beanbag chairs called Sacs.

• Sector: Consumer Cyclical
• Industry: Home Furnishings & Fixtures
• Full Time Employees: 198
• Founded in 1998
• Headquartered in Stamford, Connecticut.
• http://www.lovesac.com

Lovesac raised $56 million, pricing 3.5 million shares at an above range price of 16. Shares opened at 25 for a gain of 56% on its first trades. Lovesac shares closed at 23.99, up 49.9%.